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Germany’s Fehmarnsund Tunnel Budget Triples to €2.306 Billion

Officials cite sharply higher material prices as the main driver of the revised budget.

Overview

  • Infrastructure company Deges now estimates the combined road-and-rail crossing at €2.306 billion, up from an earlier ~€714 million projection.
  • Costs are allocated with 54.5% for the road connection and 45.5% for the rail component, according to Deges.
  • Deges points to surging input prices, including steel, as the key factor behind the escalation.
  • Germany’s Federal Railway Authority signaled in July that commissioning is unlikely before six years and five months from then.
  • Denmark’s project owner warned in September that delays to the specialized installation vessel Ivy threaten the goal of opening the Fehmarnbelt link in 2029.